Rochester, NY - 2025 Q1

The MarketCompass Lodging Report for Rochester, NY in 1Q 2025 reveals a cautious economic recovery driven by healthcare and education. Employment gains in consumer services are emerging, counterbalanced by manufacturing and government sector challenges. The lodging market is ranked as "risky," suggesting investors should consider aggressive value-add strategies. Rochester's economy relies on institutions like the University of Rochester, driving hospitality demand. Demographic shifts, including out-migration, pose potential limits to growth. Performance varies across hotel classes, with some excelling in ADR change and others facing challenges in demand and revenue. The report analyzes key metrics like occupancy, ADR, and RevPAR. Click here to view a shortened preview of the report.